NATIONAL GRID PLC-SP ADR (NGG) Stock Technical Analysis
NYSE:NGG - New York Stock Exchange, Inc. - US6362744095 - ADR - Currency: USD
We assign a technical rating of 5 out of 10 to NGG. NGG has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month NGG has a been trading in the 70.19 - 74.58 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NGG is one of the better performing stocks in the Multi-Utilities industry, it outperforms 75% of 25 stocks in the same industry.
NGG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NGG is lagging the market slightly.
NGG has an average volume of 1111070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, NGG outperforms 56% of them, which is more or less in line with the market.
NGG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
55.44
75.54
We found 3 important support areas.
- A support zone ranging from 70.53 to 70.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @62.12 from a horizontal line in the daily time frame.
- Support @56.00 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @70.70 from a horizontal line in the daily time frame.
- A resistance zone ranging from 72.01 to 72.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 74.35 to 74.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NGG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NGG is neutral. |
| ChartMill Relative Strength | 56.58 | NEUTRAL | NGG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NGG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.76 | NEUTRAL | The RSI value for NGG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NGG has a negative trend. |
| Stochastics (14,3) | 65.72 | NEUTRAL | The Stochastics value for NGG is a neutral value. |
| Average True Range in percent/ATR (20) | 1.5 | LOW VOLATILITY | The low ATR as a percentage value for NGG suggests low volalility. |
| Average Directional Index/ADX (14) | 12.27 | NEGATIVE | The low ADX value for NGG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
70.61
-3.77 (-5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-5.07%
1 Week-3.58%
2 Weeks-1.45%
1 Month-1.01%
3 Month7.1%
6 Month19.37%
12 Month17.59%
2 Year4.79%
3 Year1.44%
5 Year19.46%
10 Year-2.84%
15 Year59.5%
Volatility
ATR(14)1.25
ATR(20)%1.5%
ATR Inc133.93%
Range Today1.27
ADR(20)0.79
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.58
Mansfield0
10 Day High74.58
10 Day Low70.49
20 Day High74.58
20 Day Low70.19
52 Week High74.82
52 Week Low55.82
CS1 End72.83
CR1 Start74.35
Volume & EV
DER(3)-1.9%
DER(5)-1.16%
Volume1.46M
Volume Incr12.74%
Vol(5)1.22M
Vol(50)1.11M